New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-09-06

CHINESE VIEWS or THE .4MERIC0 CHI
NESE BIAh.
from The North CHINA ysw. shanghai, Aug. 5.


1t became known in Ticnts,n about fortnight ago
that stranger In the ianu, one Count MitAio~io@,
representing, At was sad, certain great and potent
nnancloIs America, having rhiaalciphia a. tne
headquarters OF tho syndicate or colnDinaton, had
agrc,si anu covcnaned W provide enormous sums of
money To the Chinese Government 1hrr envoy had.
a. beginning, advanced TO tnhe Of NO millions
and haf OF taeis Or Geographic material To tnat
value, and had made arrsn gonents for tho ntoduc-
ton OF telephone into emma, Of which his friends
In the United states or some of them, pOssossti INC
patent nights. mis- II a busness1ike and intengibo
Transaction, which may result Ia benefits both TO
China aud the American principals, aud IL Is upon
weiiknown business limos.
90 thIng i.rnuns- ..nang has been able TO do
lccn borrowers OF foreign money have hithsl ~
failed In lie has contryed 70 gee considerable loan
eigncrs have been found who have advanced money
Without The safosnc,d which all rcyloas lender,
appears TO be VITA the ,Iceroy. bu II our advlccs
nom tho north correct II. f. II lung, hang has
which good many Chinese and foreigners wls
consider incompatIble with the dignity OF hl- office
ana the Telegraph Administration appear In thi,
ano a. me Vs~ ,b ne' e the b9n9 to
whether tho soal OF the llcerOy merely formally acss
the signature OF the two companies or whether the
name s0 10 h i've in 0T sndr psobaav
only known In the Yamen. Tho interest, we are
% cont 20 20 Ss To- Se pSa It Il S sp hale
IN Mexican dollar and repaid In five years in gold
million OF taes to the Vccmv, for what called
ara rsc ma ao 'T%s loan an , or NAV %
thing else. friendly advance at time when the
pressure OF the Court Tor money whcrcwith 10 de-
fray expenses Of certain coming event was sad
deninr the minds Of even enormously wealthy
officials.
These loans and matters are but trfcs. sprats
set to catch the great whale compared TO the gigantic
concessions which Count Mitkewicz has obtained from
viceroy IA Iinng-chang. They sweep In everything
OF which China stands In need In order TO mako her
even a. ono OF the nations OF tho cnrth Every
thing n by means OF an Amaigamatcd Pank-
title that refers, wo NAV presume. To tho union OF
American and Chlncae capital with which II Is 70 DO
formed. u IL also 20 bc managed by Americans and
chinese. aud the understanding IN 1icntsin Is that the
former to provide the greater part OF the captnl
We have not heard whst tho amount OF tho carital
Il to he, but learn O. AZ u Will DO very largo. 10
has been conjecucd that some Of the silver Kings
connected with the Phladi~hia s"ndrote. hut Il is
also sail and believed In well Informed circles here
that the enterrnsc owes ITS ince"tl0n 10 ana has
merely tho support Of Mcssrs. Barer Brothers
Comranv ban,crs and hroHcrs Of phllaicl-hIa n
able house Int which has not hitherto Doen
known 20 have the control Of hund DDS OF millions
has for magntudr no rrecedent comnrlang. as It
does. finance In China and other countries upon m
enormous scale: colnaro IN" ISSUE OF razor money:
China II ia 10 be more 10 China than the Pank ~
England Is to Fnrland outside OF China 10 Is 10 90
for her Government ana commerce what erchanpe
banks and banhcrs arc doing for other nations But
az n this VIA not enough tho bark II 10 undertake
the financing for railway construction the rcstn'ni"o
rn-embastIn-. ard nutting IN order r'" Yellow
River and AL similarly troufiesomo water. nosr,o-
ital rcnurei for all these IL large that tho most
powernl group OF nnancIers might shrink from asso-
eating Themselves with tho providing OF It, Ire
nartics Ia called OF enormous rngth, very com
pilcaed and there purport IL to catch the Chlne-s
In every way and 70 etve every POSSIBLE means OF o,
husness refuse 10 consider tho scheme "a Iractlcabc
or e. incy to DO ratified sithcr By capitalists Id